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Following the instruction of the Emirates Minister of Defense and the Crown Prince of Duba, Sheikh Mohammed Bin Rashid Al-Maktoum, the Federal Government of Dubai recently launched an ambitious initiative for the construction of the Knowledge Village project. In a press conference held yesterday in Dubai Internet City, the Technology and Media Free Zone in Dubai declared that the Knowledge Village project aims to achieve a strategic goal with the objective of promoting and developing human skills and capabilities to push forward the national economy. The project costs 250 million Emirati Dirhams. — (menareport.com)